A death or disability can quickly change your financial future. That's why Shell Federal offers Cuna Mutual Insurance Society's MEMBER'S CHOICE life and disability payment protection products. These coverages have helped many of our members protect their loved ones, collateral, and credit rating should death or disability strike.

Credit Life Coverage

• Pay loans off in the event of death.
• You are eligible up to age 70.
• You must be working at least 25 hours per week on the day of the inital advance, OR if not working, the Statement of Good Health applies.
• Exclusions: 12-month suicide clause.
• Maximum coverage amount is $50,000 per member (administered on per loan basis).
• Maximum loan term is 180 months.
• Rate for Single Credit Life is $0.57 per $1,000 of outstanding loan balance.
• Rate for Single Joint Life is $0.86 per $1,000 of outstanding loan balance.

Credit Disability Coverage

• Makes member's loan payments in the event of accident, illness, or injury.
• You are eligible up to age 66.
• You must be working at least 25 hours per week on the date of the initial advance.
• Maximum loan term is 120 months.
• Maximum loan amount is $50,000 per member (administered on per loan basis)
• Maximum monthly benefit is $850.
• Exceptions: Normal pregnancy and six month pre-existing condition.
• Insured members must be disabled for more than 14 days to receive benefits. Benefits begin on the 15th day of disability.
• Rate for Credit Disability is $2.26 per $1,000 of outstanding loan balance.